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Category: Economy

Business Economy headline

Nigeria’s inflation rate drops to 21.34%

Iheanyi Ejiofor January 16, 2023 No Comments #Inflation #rate

Our reporter/ For the first time in about eleven months, Nigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022. The National Bureau of Statistics (NBS)…

Read More Nigeria’s inflation rate drops to 21.34%
Business Economy headline

Court orders CBN to freeze account of Polaris Bank over N2.1bn judgement debt

Iheanyi Ejiofor January 13, 2023 No Comments #Polaris Bank

A high court sitting in Akure, the Ondo state capital, on Friday granted a garnishee order directing the Central Bank of Nigeria(CBN) to freeze the account of Polaris Bank over a judgment debt…

Read More Court orders CBN to freeze account of Polaris Bank over N2.1bn judgement debt
Business Economy

NCC returns to television with Telecom Weekly

Iheanyi Ejiofor January 10, 2023 No Comments #NCC#telecom

The Nigerian Communications Commission (NCC) is set for a return to the tube with a newly packaged 30 – Minute weekly television programme that will regularly x-ray the Nigerian telecommunications…

Read More NCC returns to television with Telecom Weekly
Business Economy headline

Nigeria to stop importing petroleum products by Q1 2024 – FG

Iheanyi Ejiofor January 9, 2023 No Comments #importation of petrol#Nigeria

Our reporter/ The federal government on Monday said Nigeria may stop the importation of petroleum products by the first quarter of 2024. Timipre Sylva, minister of state for petroleum resources,…

Read More Nigeria to stop importing petroleum products by Q1 2024 – FG
Business Economy headline

TONY ELUMELU foundation announces Somachi Chris-Asoluka as chief executive officer

Iheanyi Ejiofor January 9, 2023 No Comments #Tony Elumelu Foundation

The Board of Trustees of the Tony Elumelu Foundation, the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the appointment of Somachi Chris-Asoluka as Chief…

Read More TONY ELUMELU foundation announces Somachi Chris-Asoluka as chief executive officer

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